Real Estate News

Hamptons Real Estate by the Numbers: Most Expensive, Renée Zellweger, Janna Bullock

Numbers always drive and define the real estate market, and for the past 12 months in the Hamptons and on the North Fork those numbers have been telling an impressive story. Whether it’s been record-setting sales or massive movements in sales volume, we’ve seen a steady stream of noteworthy numerical events that, with only a few weeks left in 2014, continue to tell an engaging story. Celebrity sales and haunted homes, nine-figure asking prices and newsworthy new listings are all part of this week’s numbers game on the East End.

$140,000,000: Asking price for what is now the most expensive home listed for sale in the Hamptons (and all of New York, for that matter), the historic Briar Patch estate on Georgica Pond in East Hampton. Barely six months after East Hampton found itself with the record for most expensive home sale price ever in the United States (you recall that $147 million deal at 60 Further Lane back in May, don’t you?), this 11.2-acre property boasting 1,156 feet of water frontage went on the market, listed with Peter M. Turino of Brown Harris Stevens. Along with the expansive water views and rolling lawn, there’s a four-bedroom guest house built in the style of the main home itself, all of which is why this listing is 56 times…

$2,498,700, the median home value in East Hampton, which is…

$340,000 more than Oscar winner Renée Zellweger paid for her East Hampton home back in 2003, an investment that roughly doubled when she sold that property last month after listing it for…

$4.45 million, which barely kept it on the market for a month. Zellweger bought the house at 30 Egypt Lane for a reported $2.15 million and listed it in October with Linda Haugevik of Douglas Elliman Real Estate. The 0.91-acre gated property features a 2,000-square-foot renovated farmhouse with four bedrooms and three baths and a two-car garage with a loft, plus a new gunite pool—and, allegedly, a poltergeist. In 2003, the New York Post reported that a previous owner, Manhattan furniture designer John Mascheroni, said the spirit of an elderly woman resided there. “She loved to play tricks,” the Post was told by Mascheroni, who lived there from 1974 to 1982 and identified the poltergeist as the ghost of past owner Lillian Worthington. That’s an impressive amenity, but how does it compare to…

5 en suite bedrooms, which you’ll find in the $29 million, 8,500-square-foot home at 210 Meadow Lane in Southampton for sale by socialite Janna Bullock. Of course, if you’d prefer to be at the other end of Meadow Lane, you could purchase…

2170, the address of another home just put on the market by Bullock (both are listed with Anthony Cerio and Michael Natter of Brown Harris Stevens). This one’s a bit smaller, at 3,500 square feet, and it will also only run you $22 million, or you could look into some southern properties with Hamptons ties just…

1,087.95 miles away, in Manalapan, Florida, where South Fork developer Joe Farrell, the New York Post reports, is building seven waterfront mansions. The new properties, just south of Palm Beach, are reportedly worth a combined $100 million and count the likes of Tony Robbins among the neighbors. Farrell also reportedly built a little something for himself: Sandcastle South, a 9,000-square-foot home on the ocean, which seems like a lovely wintertime retreat from his…

17,000-square-foot Sandcastle in Bridgehampton, which has been rented by the likes of Beyoncé and Jay-Z for summertime fun and, according to Business Insider, rented for one week this past summer for…

$300,000. Yes, it’s already time to start talking about summer rentals for 2015!

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